Capital One (COF) Offering Possible 18.48% Return Over the Next 3 Calendar Days

view original post

Capital One’s most recent trend suggests a bullish bias. One trading opportunity on Capital One is a Bull Put Spread using a strike $165.00 short put and a strike $160.00 long put offers a potential 18.48% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $165.00 by expiration. The full premium credit of $0.78 would be kept by the premium seller. The risk of $4.22 would be incurred if the stock dropped below the $160.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Capital One is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Capital One is bullish.

The RSI indicator is at 65.44 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Capital One

Lola.com is being acquired by Capital One
Fri, 08 Oct 2021 12:31:30 +0000
Founded by Paul English, the serial entrepreneur best-known as co-founder of travel tech firm Kayak, Lola.com was a Boston tech highlight just two years ago, with tens of millions in funding. But the global pandemic created a major interruption in Lola.com’s journey.

More Credit Card Companies Are Planning to Offer This Popular Travel Perk
Fri, 08 Oct 2021 12:00:44 +0000
When you’re waiting for your flight, visiting an airport lounge is a nice way to make yourself comfortable and enjoy free food and drinks. Credit cards with this perk usually provide access to specific networks of lounges. For example, many top travel credit cards include a Priority Pass membership.

Capital One delays office reopening, again
Thu, 07 Oct 2021 18:00:27 +0000
Capital One Financial Corp. (NYSE: COF) has pushed back the reopening of its corporate offices to 2022, citing “uncertainty about the direction of this pandemic and the timing of a sustained improvement in health conditions across the country.” Its associates, including nearly 10,000 across Greater Washington, according to Washington Business Journal research, will be given 30 days notice ahead of the reopening, whenever that may be. The company does not appear to have changed its policy stating that employees who choose to work in a Capital One corporate office — when the option is available — must provide proof that they are fully vaccinated.

Why Capital One (COF) is Poised to Beat Earnings Estimates Again
Thu, 07 Oct 2021 16:10:04 +0000
Capital One (COF) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Zacks Earnings ESP: A Better Way to Find Earnings Surprises for Finance
Wed, 06 Oct 2021 12:50:12 +0000
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Be Sociable, Share!

Related Posts